Shortly before the start of new tariffs, Donald Trump announces a new duty to Indian products and a further punishment. He gives several reasons for this.
US President Donald Trump also wants to bush at least 25 percent tariffs and a “punishment” due to trade relations with Russia. India bought a large part of its military equipment from Russia and, together with China, was the largest buyer of Russian energy, Trump said on his Truth Social platform. This is done at a time when the whole world wants to end Russia to kill in Ukraine. In addition, India has far too high tariffs.
Trump not only wants to raise the 25 percent tariffs – just as the US government also demands it from many other countries from August 1st. India will also get a “punishment”. According to Trump, a 10-day period for significantly higher tariffs for Russia’s trading partners began on Tuesday. In this way, he increases the pressure on Russia in the efforts to end the Russian attack war against Ukraine.
Source: Stern
